AOFEXintroducesworld’stoptraditionalbankfinancialriskcontrolsystem,adoptsmultipleunderlyingsecuritytechnologies,establishesinternalsupervisionandearlywarningsystem, as well assetsupariskreservemechanismtoprovideuserswithamoresecureencryptedcryptotradingenvironment.

User Protection

Exchanges play a vital role in the crypto space that’s why there is little surprise that quite often they become targets for fraudsters who create accounts with fake info and later use these accounts for their illegal activities.

Such illicit actions may have a great negative impact on the digital currency sector.

Though blockchain is known for its anonymity and decentralization, the users of this technology as well of digital coins that are built on it have the right for legal protection. Nevertheless, for the majority of common users, it may be quite challenging to enjoy this right and benefit from it.

That’s why feeling their responsibility, exchanges now want to protect users and ensure security for their digital assets with the help of regulatory authorities in the respective countries

As for AOFEX, it created an anti-moneylaunderinggroup.Italso entered in strategiccooperationwithSlowFogTechnology, that is known to beanexpert in the issues of blockchain and userassetsecurity,anti-fraud,internationalanti-moneylaunderingandanti-terroristfinancing.

AOFEXhas already managed to issuea row ofanti-moneylaundering(AWL)safeguards, that fully correspond to the principles of thenewpolicyofInternationalFinancialActionTaskForceagainstMoneyLaundering(FATF). Namely, FATFis a pioneer in many anti-moneylaundering initiatives.

The platform has an aim to protectinvestors’interests,allowinguserstotradefreelyinasafeandfairenvironment,gainingbenefitsfromthedevelopmentofblockchainindustry,andalsohelpindustryevolution,graduallyselectthemostrecognizedtechnologyandteamstocontributetochangingthewholeworldwithblockchaintechnology.